Directorate changes

Vitesse Media plc (AIM: VIS), the AIM-quoted digital media and events business, announces the appointments with immediate effect of Neil Sachdev as Non-executive Chairman and Fraser Gray as a Non-executive Director and the resignations with immediate effect of Dave Smith and Keith Willey as Non-executive Chairman and Non-executive Director respectively.

Neil Sachdev MBE is an experienced Chairman with a strong track record of corporate governance, strategy and change management. He is Chairman of Sirius Real Estate Limited (until the end of December 2017) and of Martin’s Properties Limited and was Chairman of Market Tech Holdings Limited until June 2017 and stepped down as a Non-Executive Director of Intu Properties plc (formerly Capital Shopping Centres) during 2016 after ten years’ service. Previously, Neil held the post of Group Property Director of J Sainsbury and before that served for 28 years with Tesco, where he rose to be Stores Board Director, responsible for property and operations for the entire UK business. He also holds a number of public sector positions and was awarded an MBE for his work in relation to Energy Efficiency & Sustainability in the Retail sector. Mr Sachdev is currently the Chair of the Advisory Board of Warwick Business School.

Fraser Gray BSc is an ICAS chartered accountant, licensed insolvency practitioner and accredited mediator and sits on a number of advisory boards. He is experienced in a wide variety of corporate activity supporting SME companies on growth and strategic matters. Fraser was a Managing Director at AlixPartners in London until December 2016 following its acquisition of Zolfo Cooper Europe in February 2015. Fraser became a founding partner of Zolfo Cooper Europe in October 2008, which was set up to acquire Kroll Corporate Advisory & Restructuring Group where Fraser had worked since October 1996 and was a partner and leader of the Scottish practice. Fraser is also a Non-Executive Director of Maven Income and Growth VCT 6 PLC.

Simon Stilwell, Chief Executive Officer of Vitesse Media, said:

“I am delighted to welcome Neil and Fraser to the Board. Both bring additional strategic, commercial, transaction and leadership experience which will be invaluable as we pursue our growth strategy and continue to transform the Company.

In 2017, we moved swiftly to improve the business at every level, reinvigorating not only its products and services, but critically our governance and leadership too. The foundations are in place for growth and improved financial performance. We enter 2018 fit to compete and excited by the opportunities ahead.

On behalf of the Board, I would like to thank both Dave and Keith for their contribution and many years of loyal service.”

Regulatory disclosures (in accordance with Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies)

Nilesh (“Neil”) Sachdev MBE, aged 59, is, or has been during the last five years, a director or partner of the following companies/partnerships:

Current directorships/partnerships:

Brayborne Facilities Services Limited

Exclusive Contract Services Limited

Exclusive Services Group Limited

Martin’s Design and Construction Ltd

Martin’s Estates (Clerkenwell) Ltd

Martins Properties (Chelsea) Limited

Martin’s Properties (Kensington) Ltd

Martin’s Properties (Radnor Walk) Lt

Martin’s Properties Holdings Limited

Martin’s Properties No.1 Ltd

Network Rail Property Limited

NHS Property Services Limited

Querkus Limited

Radnor Walk Investments Ltd

Sirius Realestate Ltd

Previous directorships/partnerships:

Barleygold Limited

BL Crawley

BL Sainsbury Superstores Limited

BL Superstores (Funding) Ltd

BL Superstores Finance Plc

BLS Non Securitised 2012 1 Limited

BLS Non Securitised 2012 2 Limited

BLSSP (Cash Management) Limited

BLSSP (Lending) Limited

BLSSP (PHC 1 2010) Limited

BLSSP (PHC 1 2012) Limited

BLSSP (PHC 1) Limited

BLSSP (PHC 10) Limited

BLSSP (PHC 11) Limited

BLSSP (PHC 12) Limited

BLSSP (PHC 13) Limited

BLSSP (PHC 14) Limited

BLSSP (PHC 15) Limited

BLSSP (PHC 16) Limited

BLSSP (PHC 17) Limited

BLSSP (PHC 19) Limited

BLSSP (PHC 2 2010) Limited

BLSSP (PHC 2) Limited

BLSSP (PHC 20) Limited

BLSSP (PHC 21) Limited

BLSSP (PHC 22) Limited

BLSSP (PHC 23) Limited

BLSSP (PHC 24) Limited

BLSSP (PHC 25) Limited

BLSSP (PHC 26) Limited

BLSSP (PHC 27) Limited

BLSSP (PHC 28) Limited

BLSSP (PHC 3) Limited

BLSSP (PHC 30) Limited

BLSSP (PHC 31) Limited

BLSSP (PHC 32) Limited

BLSSP (PHC 33) Limited

BLSSP (PHC 35) Limited

BLSSP (PHC 4) Limited

BLSSP (PHC 5) Limited

BLSSP (PHC 6) Limited

BLSSP (PHC 7) Limited

BLSSP (PHC 9) Limited

BLSSP Property Holdings Limited

British Land Superstores (Non-Securitised)

Clarendon Property Company

CleverTec Ltd

East Walls Nominees No. 1 Limited

East Walls Nominees No. 2 Limited

Harvest 2 GP Ltd

Harvest 2 Selly Oak Ltd

Harvest GP Limited

Harvest Nominee No. 1 Limited

Harvest Nominee No. 2 Limited

HSS Hire Group Plc

IGD Services Ltd

Institute of Grocery Distribution Ltd

Properties Plc

J Sainsbury Plc

JSD (London) Limited

Medico Dental Holdings Ltd

Oxford Road Land Limited

Pencilscreen Limited

Ramheath Properties Limited

Romford Developments Limited

S.W. Dewsbury Limited

Sainsbury Bridgeco Holdco Limited

Sainsbury Bridgeco Propco Limited

Sainsbury Holdco A Limited

Sainsbury Holdco B Limited

Sainsbury Propco A Limited

Sainsbury Propco B Limited

Sainsbury Propco C Limited

Sainsbury Propco D Limited

Sainsbury’s Supermarkets Ltd

Selected Land and Property Company

Stamford Properties (Dorking) Limited

Ten Fleet Place

Vyson

Fraser James Gray BSc, aged 53, is, or has been during the last five years, a director or partner of the following companies/partnerships:

Vitesse Media plc is an AIM-quoted leading B2B media business specialising in events, digital activities, data and research across four key sectors: Technology, Investment, Diversity and SME. Vitesse’s ambition is to create content that informs, communities that engage and brands that inspire in order to enable a better business environment for our sponsors and clients.

Vitesse’s flagship titles include SmallBusiness.co.uk, Growth Company Investor, Information Age, GrowthBusiness.co.uk and What Investment. Vitesse Media is also responsible for a growing portfolio of high-profile events, including The Quoted Company Awards, Women in IT Awards, British Small Business Awards and Data 50 Awards, amongst others.